BERGERON DANIEL A 4
4 · RBC Bearings INC · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
RBC Bearings COO Daniel Bergeron Receives Award and Sells Shares
What Happened
Daniel A. Bergeron, Vice President, Chief Operating Officer and a director of RBC Bearings (RBC), received an award/acquisition of 5,819 shares on 2026-05-19 (reported on Form 4). On the same date 921 shares were surrendered/withheld to cover tax liability at an implied value of $565.22 per share, totaling roughly $520,568. The award entry is coded A (grant/award) and the withholding is coded F (payment of tax liability).
Key Details
- Transaction date: 2026-05-19 (Form 4 filed 2026-05-20 — timely).
- Award: 5,819 shares acquired at $0.00 (code A).
- Tax withholding: 921 shares disposed at $565.22 per share, proceeds/value = $520,568 (code F). These shares were withheld by the company to pay the tax liability.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Relevant footnotes:
- F1: Ownership includes 16,535 restricted shares with a multi-year vesting schedule (detailed vesting dates in filing).
- F2: Confirms shares were withheld to pay tax liability related to immediate vesting of performance awards.
- F3: Notes outstanding options are exercisable except for 7,000 that vest 6/3/2026.
Context
The 921-share disposal was a company withholding to cover taxes on vested/performance awards, not an open-market sale; such withholdings are routine and do not necessarily reflect the insider’s view of the company. The award appears tied to restricted/performance stock with future vesting dates listed in the filing. No option exercise-for-cashless-sale is reported here.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-19+5,819→ 118,157 total - Tax Payment
Common Stock
[F2][F1]2026-05-19$565.22/sh−921$520,568→ 117,236 total
- 7,000
Option to Purchase Common Stock
[F3]Exercise: $199.16From: 2022-06-03Exp: 2028-06-03→ Common Stock (7,000 underlying)
Footnotes (3)
- [F1]Includes 16,535 shares of restricted stock, which vest according to the following schedule; 3,516 shares that vest on 6/1/2026; 4,491 shares 1/2 of which vest on 5/23/2026 and 1/2 vest on 5/23/2027; 4,791 shares 1/3 of which vest on 5/28/2026, 1/3 vest on 5/28/2027 and 1/3 vest on 5/28/2028; and 3,737 shares 1/3 of which vest on 5/19/2027, 1/3 vest on 5/19/2028 and 1/3 vest on 5/19/2029.
- [F2]Represents shares withheld by the Company to pay tax liability related to the immediate vesting of performance awards.
- [F3]All these options to purchase Common Stock are exerciseable except for 7,000 options that vest on 6/3/2026.